As a business operating in Texas, annual reports are a compliance document that you must file every year. These documents are important because they allow the Secretary of State to keep track of whether your business is active or inactive. Additionally, the forms allow the state to document important information about your business, including your corporate structure and how to contact you.
A Texas annual report is included when a company files their taxes with the Texas Comptroller of Public Accounts. For example, Texas limited liability companies and corporations must include a Public Information Report when submitting their franchise taxes to the state. It’s important for all companies to file the correct paperwork with the state of Texas.
If you do not file on time, you will have to work hard to have your company reinstated. First, you will have to file the Franchise Tax Report. In addition to the filing fee, you will also have to pay a $50 late fee. Additionally, the Comptroller’s office will charge you a 5% penalty on the taxes you owe. If you do not pay within the first month, the office will charge you another 5% penalty.
Let Us File Your Texas Annual Report
Worried about filing your annual report to the State of Texas? Let us do it for you. Our convenient filing services come with the following benefits:
- Experienced preparation
- Guaranteed on-time filing with the State of Texas
- Keep your Texas business operating legally
- Avoid late fees and penalties
We Protect Your Privacy
Your privacy is of utmost importance to us and we go to great lengths to keep your personal information from falling into the wrong hands. As part of our promise, we:
- Monitor your Texas state business records
- Update your records for you
- Allow you to use our address when filing instead of yours
We don’t sell your information to anyone. We only provide it to government entities when required and keep it on file so we can help you with your future annual registration needs.
Texas Annual Registration Filing Fees & Instructions
The cost of filing an annual report varies greatly based on the type of business you are. Many businesses in Texas file their annual report as a part of their corporate tax returns. When doing so, the state requires them to pay the Texas Franchise Tax. Texas corporations, professional corporations, limited liability companies, professional limited liability companies, and all limited liability partnerships are required to pay 1% of all gross receipts over $1 million.
Additionally, there are additional filing fees for other types of companies. For example, nonprofit companies pay $5 to file their report, while limited partnerships pay $50 to submit their report.
Texas Corporations (Domestic & Foreign)
| State Office: |  Texas Secretary of State PO Box 13697 Austin, TX 78711 Phone Number: (512) 463-5555 |
| Due Date: | May 15th |
| Filing Fee: | There is not filing fee for the Public Information Report |
| Penalty: | The TX Comptroller charges a $50 penalty when a report is filed late, plus a 5% penalty on the tax due. If you still have not filed within 30 days after the due date, an additional 5% penalty is added. |
| Filing Method: | Online or Mail |
| Forms: | Texas Comptroller: Public Information Report |
| Important Information: | The Public Information Report is filed along with the annual franchise tax with the Texas Comptroller of Public Accounts. No additional filings are required by the Texas Secretary of State. |
Texas Limited Liability Companies (Domestic & Foreign)
| State Office: | Texas Secretary of State PO Box 13697 Austin, TX 78711 Phone Number: (512) 463-5555 |
| Due Date: | May 15th |
| Filing Fee: | There is not filing fee for the Public Information Report |
| Penalty: | The TX Comptroller charges a $50 penalty when a report is filed late, plus a 5% penalty on the tax due. If you still have not filed within 30 days after the due date, an additional 5% penalty is added. |
| Filing Method: | Online or Mail |
| Forms: | Texas Comptroller: Public Information Report |
| Important Information: | Domestic or foreign Texas limited liability companies (including professional LLCs) submit The Public Information Report along with the annual franchise tax to the Texas Comptroller of Public Accounts. No additional filings are required by the Texas Secretary of State. |
Texas Nonprofit Corporations (Domestic & Foreign)
| State Office: | Texas Secretary of State PO Box 13697 Austin, TX 78711 Phone Number: (512) 463-5555 |
| Due Date: | May 15th |
| Filing Fee: | There is not filing fee for the Public Information Report. The filing fee for form 802 is $5. |
| Penalty: | $1/month late fee |
| Filing Method: | Online or Mail |
| Forms: | Texas Comptroller: Public Information Report Form 802: Periodic Report of a Nonprofit Corporation |
| Important Information: | The Public Information Report is filed along with the annual franchise tax with the Texas Comptroller of Public Accounts. No additional filings are required by the Texas Secretary of State. Nonprofits that are exempt from Texas franchise tax do not need to file a public information report. Instead, exempt nonprofits may be required to file a periodic report. |
Texas Professional Corporations (Domestic & Foreign)
| State Office: | Texas Secretary of State PO Box 13697 Austin, TX 78711 Phone Number: (512) 463-5555 |
| Due Date: | May 15th |
| Filing Fee: | There is not filing fee for the Public Information Report |
| Penalty: | The TX Comptroller charges a $50 penalty when a report is filed late, plus a 5% penalty on the tax due. If you still have not filed within 30 days after the due date, an additional 5% penalty is added. |
| Filing Method: | Online or Mail |
| Forms: | Texas Comptroller: Public Information Report |
| Important Information: | The Public Information Report is filed along with the annual franchise tax with the Texas Comptroller of Public Accounts. No additional filings are required by the Texas Secretary of State. |
Texas Limited Partnerships (Domestic & Foreign)
| State Office: | Texas Secretary of State PO Box 13697 Austin, TX 78711 Phone Number: (512) 463-5555 |
| Due Date: | Not Required |
| Filing Fee: | Not Required |
| Penalty: | Not Required |
| Filing Method: | Not Required |
| Forms: | Not Required |
| Important Information: | Not Required |
Texas Limited Liability Partnerships (Domestic & Foreign)
| State Office: | Texas Secretary of State PO Box 13697 Austin, TX 78711 Phone Number: (512) 463-5555 |
| Due Date: | June 1 |
| Filing Fee: | $200 per general partner |
| Penalty: | No late fee |
| Filing Method: | Mail or Fax |
| Forms: | Annual Report of a Limited Liability Partnership |
| Important Information: | If the secretary of state does not receive the LLP’s annual report before June 1 of the current report year, the status of the LLP registration will be updated to reflect the delinquency. A partnership that fails to file its annual report by May 31 of the calendar year following the year in which the report is due will have its registration automatically terminated by the secretary of state. An LLP registration that has been automatically terminated by the secretary of state can be reinstated within three years of the effective date of the termination by filing an application for reinstatement together with all past due annual reports and applicable fees. |
Texas Limited Liability Limited Partnerships (Domestic & Foreign)
| State Office: | Texas Secretary of State PO Box 13697 Austin, TX 78711 Phone Number: (512) 463-5555 |
| Due Date: | Not Required |
| Filing Fee: | Not Required |
| Penalty: | Not Required |
| Filing Method: | Not Required |
| Forms: | Not Required |
| Important Information: | Not Required |
Texas General Partnerships (Domestic & Foreign)
| State Office: | Texas Secretary of State PO Box 13697 Austin, TX 78711 Phone Number: (512) 463-5555 |
| Due Date: | Not Required |
| Filing Fee: | Not Required |
| Penalty: | Not Required |
| Filing Method: | Not Required |
| Forms: | Not Required |
| Important Information: | Not Required |
How to File Your Texas Secretary of State Annual Report
Unlike other states that require companies to submit a separate annual report, Texas includes their annual report with their tax documents. When a company files their taxes with the Texas Comptroller of Public Accounts, they have filed their annual report by default. When filing your taxes, the form titled “Public Information Report” is the piece that completes the yearly requirement. Companies have the choice of either downloading these forms or completing them online. You can complete either task by visiting the state’s Comptroller’s website.
Our Texas Annual Report Service
We offer secure, professional annual business report preparation and filing services. Hire us and you’ll never need to worry about missing an annual report deadline or paying late filing penalties. We’ll make sure your business is in good legal standing with the Texas Secretary of State so you don’t face the risk of losing your right to do business in Texas and having to apply for reinstatement.
Texas Annual Report Filing Service Benefits
Our annual report filing services can benefit you in the following ways:
- Hassle-free annual compliance with the state of Texas’ latest rules & regulations
- No missed deadlines or late fees
- Professionally prepared and submitted filing service
Have questions about our annual report services or business compliance solutions? Contact us or fill out our convenient online price quote form.
Texas Business Annual Report FAQS
The filing fee is essentially your tax bill. Unlike some other states, you’ll be submitting your taxes and your report together, not separately. This means that upon filing, all of your taxes will be due as well.
Your annual report is due when you turn in your taxes. These are due on May 15th of each year.
Yes. The Comptroller will charge a $50 penalty for failure to file your report on time. However, there is also a 5% penalty added to the taxes you owe. That 5% is added every 30 days, which can lead to large penalties over time.
Additionally, your business could be dissolved for continued noncompliance, and you could face criminal charges for failure to pay your taxes.
There are no initial report requirements from the state of Texas. However, remember that your taxes for the year are still due on the first May 15th following your business formation. Even if you form a business in November, you’ll have to submit taxes for those final two months of the year. That is, if you started your business in 2019, you’ll have to submit a report and your taxes by May 15, 2020.
Anyone authorized person can file, but an officer, director, or partner or their agent will need to sign the forms before they are submitted. Original signatures, however, are not required on the forms.
Texas allows businesses to file online using their WebFile system. You will need a WebFile ID to access this system. When the Comptroller’s office sends correspondence informing you that you will soon need to file your annual report, you should find your WebFile ID included.
Texas Business Resources:
Texas Office of Secretary of State
Phone Number:
(512) 463-5555
Address:
Texas Secretary of State
PO Box 13697
Austin, TX 78711
HELP FILE MY TEXAS ANNUAL REPORT
There is a lot to remember when running a business and making sure the annual report or biennial report is filed on time is the last thing a business owner needs to worry about. At DoMyLLC we have an entire department that is dedicated to ensuring annual report filing are complete in a timely manner. Take one less task off your plate and feel confident your annual report will be filed on time to avoid late penalties and falling into bad standing with the state.